Tata Mutual Fund decreased its stake in Greenpanel Industries from 2.45% to 1.05%, selling 17,18,297 shares. The transaction was completed under a rights issue context.
A manufacturer of engineered wood products, Greenpanel Industries produces plywood, medium density fibreboard (MDF), and laminate boards for construction and furniture applications across residential and commercial segments. The company operates integrated manufacturing facilities across India and focuses on sustainable production practices using modern technology. Greenpanel serves both domestic and export markets through a diversified product portfolio in the building materials sector.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
